(TotalEnergies, 12.Jan.2023) — TotalEnergies has launched its eighteenth biogas production unit1 in France, which will be the largest in the country with a maximum capacity of 160 gigawatt hours (GWh). Named BioBĂ©arn and located in Mourenx in the south-west of France, this new unit, fed with organic waste, has begun feeding […]
Year: 2023
Silver Viper Presents Positive G&G Survey Results at La Virginia
(Silver Viper, 12.Jan.2023) —Silver Viper Minerals Corp. (TSXV: VIPR) (OTC: VIPRF) provided an update on exploration activities within the La Virginia Silver-Gold Project, located in Sonora, Mexico. Exploration activities continued throughout 2022 at the northern portion of the La Virginia Project, principally along the south and south-east extensions of the El Rubi […]
Montreal Protocol Emerges as Powerful Climate Treaty
(National Oceanic and Atmospheric Administration or NOAA, 11.Jan.2023) — A new report from the U.N., which includes key scientific contributions from NOAA and international partners, confirms that the recovery of Earth’s protective ozone layer is on track, and that the Montreal Protocol, the international treaty that guides the phase-out of […]
ExxonMobil to Divest Interest in Esso Thailand
(Exxon, 11.Jan.2023) — ExxonMobil has reached an agreement with Bangchak Corporation to sell its interest in Esso Thailand that includes the Sriracha Refinery, select distribution terminals, and a network of Esso-branded retail stations, delivering on its commitment to strengthen value and overall competitiveness. The transaction will be executed by ExxonMobil’s […]
Equinor Awarded Production Licences on Norwegian Continental Shelf
(Equinor, 10.Jan.2023) — Equinor has been awarded 26 new production licences by the Ministry of Petroleum and Energy (MPE) in the 2022 Award in Predefined Areas (APA) – 18 licences as operator, and eight as partner. “The APA rounds are important, and we are very pleased with today’s awards,” says […]
CGG Commences Foz do Amazonas 3D Seismic Reimaging Project
(CGG, 9.Jan.2023) — CGG announced the start of a new Foz do Amazonas 3D seismic reimaging project, aimed at supporting Brazil’s Permanent Offer initiative in the Equatorial Margin. The project, supported by industry funding, is expected to complete by the end of 2023, with fast-track products available by June. The […]
QatarEnergy, Chevron Reveal FID for $6bn Petrochemical Complex in Qatar
(QatarEnergy, 8.Jan.2023) — QatarEnergy announced the Final Investment Decision (FID) with Chevron Phillips Chemical Company LLC (CPChem) to build the Ras Laffan Petrochemicals complex – a $6bn integrated olefins and polyethylene facility at Ras Laffan Industrial City. The announcement was made in Doha in a special ceremony during which His […]
Peru Anti-government Protesters Clash with Police in Puno
(Al Jazeera, 7.Jan.2023) — Dozens of anti-government protesters have clashed with police in southern Peru amid renewed unrest in the wake of the removal and detention of former President Pedro Castillo. The protesters attempted to take over the airport and police used tear gas to disperse them, the Reuters news agency reported. […]
Lula Team Wants to Halt Petrobras Sale of Nat Gas Assets
(Bloomberg, 6.Jan.2023) — Brazil’s state-controlled oil giant Petrobras should abandon planned divestments in refining and natural gas and expand in those areas instead, according to a detailed report from President Luiz Inacio Lula da Silva’s transition team. The document, drafted in late 2022 by a group of energy experts aligned […]
Houston Texans to Purchase Carbon Removal Credits
(Oxy, 6.Jan.2023) — 1PointFive, a subsidiary of Occidental’s (NYSE: OXY) Low Carbon Ventures (OLCV) business, today announced an agreement and sponsorship with the Houston Texans whereby the Texans have agreed to purchase carbon dioxide (CO2) removal credits from 1PointFive’s first Direct Air Capture (DAC) plant, which is expected to be […]
Petrobras Supports UN Initiative Focused on Reducing Methane Emissions
(Petrobras, 6.Jan.2023) — Petrobras has taken another important step towards a low carbon future: it has signed an agreement with the Oil & Gas Methane Partnership 2.0 (OGMP), a global initiative coordinated by the UN dedicated to the quantification and management of methane emissions, focusing on climate change mitigation. Recognized […]
GoldHaven Signs LOI for Proposed POA in Chile
(GoldHaven, 5.Jan.2023) — GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) entered into a Letter of Intent (the “LOI”) dated December 21, 2022, to assess a Plan of Arrangement (the “POA”) with Oro Atacama SpA, a private Chilean mining group with three properties (India Coya, Los Sapos, Pepita) – two of which are […]
Equinor and RWE to Cooperate on Energy Security and Decarbonization
(Equinor, 5.Jan.2023) — Equinor and RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The partners aim to replace coal fired power plants with hydrogen-ready gas fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that […]
Exiled Venezuela Lawmakers Chosen to Lead Anti-Maduro Fight
(AP, 5.Jan.2023) — Venezuela’s opposition has selected an all-female team of mostly unknown exiled former lawmakers to replace the beleaguered Juan GuaidĂł as the face of its faltering efforts to remove socialist President Nicolas Maduro. Last week, politicians who were elected to the National Assembly in 2015 voted to oust GuaidĂł […]
Global LNG Represents 39% of EU Gas Imports in 2022
(Kpler, 5.Jan.2023) — EU gas imports remained stable year on year last year at around 337.4 bn m3, preliminary data from the European Network of Transmission System Operators for Gas (ENTSOG) show. The bloc traditionally imports most of its gas, and it imported at least 70% of it via pipelines […]
![Hess’ Guyana Developments and Low Breakeven Prices [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/01/guyana-4-developments-source-hess.png)
Hess’ Guyana Developments and Low Breakeven Prices [PDF Download]
(Energy Analytics Institute, 5.Jan.2023) — Hess Corporation’s activities offshore Guyana in the Stabroek Block over the company exceptional reservoir quality and low development costs. The company’s first four developments offshore offer Brent breakeven prices less than $40/bbl. Highlights – ~$35/bbl Brent breakeven for Liza Phase 1 – ~$25/bbl Brent breakeven […]
Energy Toolbase and Sunshine Deploy Storage System in Costa Rica
(Energy Toolbase, 5.Jan.2023) — Energy Toolbase has deployed its Acumen EMS™ controls software on an energy storage system with Sunshine, a Costa Rica-based solar development company. Sunshine installed the BYD Chess unit integrated with Acumen EMS for Laboratorios Calox, a pharmaceutical facility in San JosĂ©, Costa Rica. This commercial project is Energy Toolbase’s first deployment […]
Petrobras on Management Change
(Petrobras, 4.Jan.2023) — Petrobras informs that its Board of Directors, in a meeting held on this date, approved the early termination of Mr. Caio Mário Paes de Andrade’s term as CEO of Petrobras, effective as of today. Due to the vacancy of the position, the Chairman of the Board of […]
Trinity Gas Storage Closes Financing with Transition Equity Partners
(Trinity, 4.Jan.2023) — Trinity Gas Storage, LLC announced the closing of financing by Transition Equity Partners, LLC (TEP) to advance the development of Trinity Gas Storage, a greenfield natural gas storage facility in East Texas. TEP’s investment will provide Trinity with the capital required to finalize engineering, with the goal […]
CGG, TGS Announce Foz do Amazonas Phase II
(CGG, 4.Jan.2023) — CGG, a global technology and HPC leader, and TGS, a global provider of energy data and intelligence, today announced the second phase of the Foz do Amazonas 3D multi-client survey, located in the offshore Brazil Equatorial Margin. This survey, covering 11,425 sq km, will broaden the region’s […]
New Nucor Steel Brandenburg Plate Mill Rolls First Plate
(Nucor, 3.Jan.2023) — Nucor Corporation (NYSE: NUE) announced today that the company’s new state-of-the-art steel plate mill in Brandenburg, Kentucky, rolled its first steel plate on Friday, 30 December 2022, 2022. Nucor Steel Brandenburg will focus on final commissioning of the mill in the first quarter of 2023 and will ship the first […]
Talos Achieves Successful Results from Lime Rock and Venice Prospects
(Talos, 3.Jan.2023) — Talos Energy Inc. (NYSE: TALO) today announced that the company’s Lime Rock and Venice prospects both successfully discovered commercial quantities of oil and natural gas during sequential drilling operations in the fourth quarter of 2022. Talos holds a 60% working interest in the two deepwater discoveries, both of which are […]
First LNG Cargo Reaches Germany’s LNG Terminal in Wilhelmshaven
(Venture Global, 3.Jan.2023) — Today, Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven. The LNG ship Maria Energy, owned by Tsakos Energy Navigation, a major energy mover, was loaded in Calcasieu Pass, USA, at the liquefaction facility of the LNG […]